79 Beechtree Crescent – Property Summary

Key Characteristics & Buyer Profile

This 1986-built home sits on an 8,386 sqft lot with 1,413 sqft of living space. Its standout feature is assessed value: at $468,000, it ranks in the top 7% within the Worthington neighbourhood and top 25% citywide, while the home itself is physically unremarkable compared to neighbours. The land is where the value lives—the lot ranks in the top 10% across Winnipeg, which is increasingly rare in established areas.

The property appeals to buyers who prioritize long-term land equity over move-in perfection. It’s well-suited for someone comfortable with a home that’s not the newest or largest on the street, but sits on a generous parcel in a neighbourhood where smaller lots are the norm. This is less a home for someone seeking turnkey finishes, and more for a buyer who sees the land as the appreciating asset. It may also suit a household that values outdoor space, gardens, or future expansion potential, without paying a premium for a fully renovated interior.

Ideal buyer: Value-conscious, land-focused, willing to invest sweat equity or hold for the long term.

Five Frequently Asked Questions

1. How does the assessed value compare to recent sale prices on the street?
Assessment data shows this home is above average for Beechtree Crescent and well above the Worthington neighbourhood average. However, assessed value is not a direct proxy for market price—it’s a benchmark. Buyers should cross-reference with recent sold data in the area, as citywide rankings can lag behind market shifts.

2. The living area is 1,413 sqft—does that include the basement?
No. Living area figures here refer to finished, above-grade square footage. The basement is not included in these rankings. If the basement is unfinished, this represents the total main-floor and upper-floor space only.

3. Why does the lot rank so much higher than the house itself?
The lot (8,386 sqft) ranks in the top 10% citywide, while the living area ranks in the top 35%. This suggests the property’s primary value driver is land, not the structure. In older neighbourhoods like Worthington, larger lots are less common and tend to hold value better over time, even if the house is modest.

4. How does the year built compare to nearby homes?
At 1986, this home is newer than the Worthington neighbourhood average (1962) and the citywide average (1966). It falls in the top 12% locally, meaning most nearby homes are older. This can be an advantage for structural condition, but it also means the architectural style may differ from the older character homes in the area.

5. What does “comparable homes” mean in these rankings?
Comparable homes are defined by the same property type and broad market segment. The methodology groups similar residential properties within the street, neighbourhood, and city. Rankings compare this home’s metrics only against that peer group, not all housing stock—so a top 10% rank for land area means it outperforms 90% of similar properties, not 90% of all homes in Winnipeg.